SFGTV: San Francisco Government Television
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Oct 10, 2012
10/12
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SFGTV
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closely with the mayor on a number of initiatives, one that we're very proud of is the midmarket payroll tax initiatives. that is to make san francisco much more attracttive to entrepreneurial companies and
closely with the mayor on a number of initiatives, one that we're very proud of is the midmarket payroll tax initiatives. that is to make san francisco much more attracttive to entrepreneurial companies and
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Oct 7, 2012
10/12
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FOXNEWSW
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to give tax cuts to the wealthc and to voucherrize medicare. romney will say he is the defender of the middle class. t both sides say this could get heated tonight. >> chris, thank you. >> good evening. >> we go to jim lehrer of pbs moderating this debate. >> i'm jim lehrer and welcome you to the first of the 2012l presidential debates between president barack obama the democratic nominee and former, massachusetts governor mitt romney the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored byo the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15 minute segments with two minutt answers for are the first question and then open discussion for the remainder o. each segment. o thousands of people offered suggestions on segment subjects
to give tax cuts to the wealthc and to voucherrize medicare. romney will say he is the defender of the middle class. t both sides say this could get heated tonight. >> chris, thank you. >> good evening. >> we go to jim lehrer of pbs moderating this debate. >> i'm jim lehrer and welcome you to the first of the 2012l presidential debates between president barack obama the democratic nominee and former, massachusetts governor mitt romney the republican nominee. this debate...
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. >> governor romney and i both agree our cooperate tax rate is too high. we both agree we've got to boost american energy production and it appears we've got some agreement that a marketplace to work has to have some regulation. i suspect that on social security we've got a somewhat similar position. >> you understand what he was trying do there? >> yeah, i do. >> i got a bit confused. >> i think you're right, wolf. and i think that is a disastrous approach. the truth of the matter is mitt romney right now is the head of a right-wing extremist party called the republican party. it wasn't always the case. that's what they are today. if the president cannot differentiate himself clearly from right-wing extremism, we've got a lot of problems as a nation and he's got problems as a candidate running for re-election. in terms of social security, it is absurd for the president to say that he and romney are coming down in the same way. social security today has a $2.7 trillion surplus. social security hasn't contributed one nickel to the deficit, can pay out benef
. >> governor romney and i both agree our cooperate tax rate is too high. we both agree we've got to boost american energy production and it appears we've got some agreement that a marketplace to work has to have some regulation. i suspect that on social security we've got a somewhat similar position. >> you understand what he was trying do there? >> yeah, i do. >> i got a bit confused. >> i think you're right, wolf. and i think that is a disastrous approach. the...
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Oct 12, 2012
10/12
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KGO
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this one tax would actually tax about 53% of small business income. it's expected to cost us 710,000
this one tax would actually tax about 53% of small business income. it's expected to cost us 710,000
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Oct 12, 2012
10/12
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KGO
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lower tax rates 20%. we've raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. what we're saying is, deny those loopholes and deductions to higher income taxpayers so that more of their income is taxed, which has a broader -- >> can i transplait? >> here's why i'm saying this. >> i hope i'm going to get time to respond. >> you'll get time. >> we want to work with the congress to help us to achieve this. that means successful. >> no specifics, again. >> what we're saying lower tax rates 20%. start with the wealthy. work with congress. >> you guarantee this math will add up? >> absolutely. six studies have verified this math adds up. >> vice president biden?
lower tax rates 20%. we've raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. what we're saying is, deny those loopholes and deductions to higher income taxpayers so that more of their income is taxed, which has a broader -- >> can i transplait? >> here's why i'm saying this. >> i hope i'm going to get time to respond. >> you'll get time. >> we want to work with the congress to help us to achieve this. that...
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Oct 12, 2012
10/12
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KGO
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of the 21 tax increases in obama care, 12 of them hit the middle class. or remember when he said health insurance premiums will go down $2,500 per family per year. they have gone up 3,000.
of the 21 tax increases in obama care, 12 of them hit the middle class. or remember when he said health insurance premiums will go down $2,500 per family per year. they have gone up 3,000.
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Oct 12, 2012
10/12
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KGO
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>> it taxes small businesses -- >> i wish -- >> and you're going to increase the defense budget. >> we're not just going to cut the defense budget. >> $2 billion. >> we're talking about -- >> so, no massive defense increase? >> you want to get into defense
>> it taxes small businesses -- >> i wish -- >> and you're going to increase the defense budget. >> we're not just going to cut the defense budget. >> $2 billion. >> we're talking about -- >> so, no massive defense increase? >> you want to get into defense
SFGTV: San Francisco Government Television
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Oct 14, 2012
10/12
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SFGTV
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i do pay a higher tax rate and i think that is fine. but the people who are successful in our society are increasingly asked asked to bear more and more of the share of the tax burden as opposed to making sure that all citizens understand that if we are going to have a world class education system we have to balance that against other things. we cannot both have a big bullet train to nowhere that is going to cost probably over $billion dollars and have a world class system. i hope for the american dream to continue here in california and i hope to have the opportunity one day represent the voters of san francisco and play my role in the public service and i come mend the senator for doing that and sacrificing his careein
i do pay a higher tax rate and i think that is fine. but the people who are successful in our society are increasingly asked asked to bear more and more of the share of the tax burden as opposed to making sure that all citizens understand that if we are going to have a world class education system we have to balance that against other things. we cannot both have a big bullet train to nowhere that is going to cost probably over $billion dollars and have a world class system. i hope for the...
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Oct 14, 2012
10/12
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CNBC
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i don't think it's in either party's interest to have massive tax hikes go in as planned. it will be dealt with. the economy will avoid a recession. congress and washington in general is not that irrational. >> so many head winds. in your view, bottom line, is the u.s. still the best house in a bad neighborhood? what should investors be doing? >> one should not panic. start to take money out of the bond portfolios that have been seeing massive inflows. perhaps some of the more cyclical names, move away from the dividend player that is are rich. the u.s. is the best house in the bad neighborhood. the good news is historically the u.s. has done well and grown even if the rest of the world economy is sort. low gdp. if we can get spark and resolution in the cliff, we'll do that. companies are in a position to spend and consumers need to buy things that they haven't spent much on. the outlook is still good. you should be allocated toward equities. >> joe, good to see you. thanks for joining us. >> my pleasure. >> back to maria with the rest of the program. >> thanks, bill. up n
i don't think it's in either party's interest to have massive tax hikes go in as planned. it will be dealt with. the economy will avoid a recession. congress and washington in general is not that irrational. >> so many head winds. in your view, bottom line, is the u.s. still the best house in a bad neighborhood? what should investors be doing? >> one should not panic. start to take money out of the bond portfolios that have been seeing massive inflows. perhaps some of the more...
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Oct 14, 2012
10/12
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CSPAN2
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bush when the tax rate was 35%. you can say i don't care about that we should still have lower taxes, but you can't change those facts and our job as journalists is to call balls and strikes and get it out there in front of people. and that takes hard work. there will be a lot of people that are angry about the book that i've read. okay? let's talk about it. let's engage and that is our responsibility. you've got one over here? there is one way back there. >> thank you you very much for coming. >> can you talk louder? >> thank you very much for coming. i have a question regarding the successive movements. the mission before that theíñ occupied movement failed because it didn't have the unified message i was wondering what it have an interest in being7 any measure, what would;<ñ i really a bunch of stuff out in front of you i think there's ideas that were crucial and waiting for somebody else's i came to talk about the why we it is up to this generation. night as we talk in washington together to have what will
bush when the tax rate was 35%. you can say i don't care about that we should still have lower taxes, but you can't change those facts and our job as journalists is to call balls and strikes and get it out there in front of people. and that takes hard work. there will be a lot of people that are angry about the book that i've read. okay? let's talk about it. let's engage and that is our responsibility. you've got one over here? there is one way back there. >> thank you you very much for...
SFGTV: San Francisco Government Television
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Oct 14, 2012
10/12
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SFGTV
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and then recommendation 23 to redirect the hotel tax funding money, tax fund money allocated that is go to i think require further analysis in the course of our budget process. so that was a long list colleagues. any comments, questions, additional thoughts? all right. seeing a motion with those findings? >> resolution as amended. >> seconded. >> so we can do that without objection. again, i want to thank the civil grand jury for your work on this. you highlight issues that would not have been brought to light otherwise. again, understand that we may agree, disagree, or understand that we are constrained by certain budget issues that make us kind of punt things down the line until next fiscal year but i want to thank you for your work on this. this is a great report and i know we will see you in a few weeks on other items as well. thanks for your help. we can do that without objection. >> what action would you like on the hearing? >> president farrell: table item no. 2, and we can do that resolution with full recommendation. all right, madam clerk, can you call item 1. >> a motion re
and then recommendation 23 to redirect the hotel tax funding money, tax fund money allocated that is go to i think require further analysis in the course of our budget process. so that was a long list colleagues. any comments, questions, additional thoughts? all right. seeing a motion with those findings? >> resolution as amended. >> seconded. >> so we can do that without objection. again, i want to thank the civil grand jury for your work on this. you highlight issues that...
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Oct 14, 2012
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KQED
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it is a progressive way of taxing. it is most stimulus thing you can do for the economy. >>> i don't get it give me the addition. why is that going to create more wealth? and spread it around? >> that's right. because you will increase the real incomes of the middle class of america. >> why? because they are going to have better jobs? >> no they'll have lower tax rates and less deductions, okay? that is the way it will average out. and they will be willing to spend, the same thing would be true of business. they would lose a lot of their deductions but they'll have lower rates. if you saw the numbers, okay, there is 1 frillian 12 libyan billion dollars that comes out of the tax revenue and 1 trillionian 1 lune hundred billion dollars that comes out of the legislation. >>> the elimination of the loophole, so to speak, the deduction, legitimate deductions, eliminates those. >> what loopholes? >> that takes care of the middle class. that will be spread out. >> revenue neutral. >> not bad. what is wrong with that. >> gover
it is a progressive way of taxing. it is most stimulus thing you can do for the economy. >>> i don't get it give me the addition. why is that going to create more wealth? and spread it around? >> that's right. because you will increase the real incomes of the middle class of america. >> why? because they are going to have better jobs? >> no they'll have lower tax rates and less deductions, okay? that is the way it will average out. and they will be willing to spend,...
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Oct 14, 2012
10/12
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WJLA
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i'll call it the economy tax. i'm not going to raise taxes on anyone. my plan is to bring down rates to get more people working. my priority is putting people back to work in america. i'm mitt romney and i approve this message. dax it looks like felix ron garner has been the first man to break the speed of sound after jumping from a capsule 3 miles above the earth. he reached a maximum speed of 833.9 miles per hour. no one has ever reach that speed wearing just a space suit. he said there was a moment on the way down when he was not so sure. >> there was a time when i thought i was really in trouble. and if i push that button, the thing is all over, we are not going to fly supersonic. it is hard to make that decision. somehow we have to make that call, do i push the button and stay alive or do i find all my weight down and break the speed of sound? after a couple of seconds, i had that feeling obligated under control, and i did. that is why we broke the speed of sound today. >> it took nine minutes for the trip back to earth. he was greeted by the cheer
i'll call it the economy tax. i'm not going to raise taxes on anyone. my plan is to bring down rates to get more people working. my priority is putting people back to work in america. i'm mitt romney and i approve this message. dax it looks like felix ron garner has been the first man to break the speed of sound after jumping from a capsule 3 miles above the earth. he reached a maximum speed of 833.9 miles per hour. no one has ever reach that speed wearing just a space suit. he said there was a...
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Oct 14, 2012
10/12
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he cut taxes 19 times. he was at the top for education for the kids in his state. we know he has a record that he can bring to the rost of the country and we know he is a leader and not a politician and that's what we need in america. [applause] then look at paul ryan and you look at biden, oh my god. you know you sit there and you look at how intelligent and professional and what a respectful human being pool ryan was being during that and giving good information and good facts and all you could do is look at vice president biden and think what is so funny in reference to the security of our nation, what is so funny about making promises and not following through with a single one of them. do you remember president obama said he was going to cut -- he was going to cut the deficit in half during his first four years. did he do that? no, e he didn't. he said he was going to address immigration during his first year. he hasn't even touched it until the last few weeks in order to do a political gain playing with the his panics in this country only because it's time to
he cut taxes 19 times. he was at the top for education for the kids in his state. we know he has a record that he can bring to the rost of the country and we know he is a leader and not a politician and that's what we need in america. [applause] then look at paul ryan and you look at biden, oh my god. you know you sit there and you look at how intelligent and professional and what a respectful human being pool ryan was being during that and giving good information and good facts and all you...
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Oct 14, 2012
10/12
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WMAR
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the program tax a -- takes a year and a half to complete. we offer flexibility today's working adults need. they'll do clinical rotations at area hospitals. we work with 19 laboratories in the baltimore beltway area as well as surrounding counties to provide students with the opportunity to fine tune their skills. once they graduate they have everything they need to be an entry level employee. once they graduate they can take their certification exam. our graduating classes have a 100% pass rate. they can also not only go to work. there are several schools in the state of maryland that offer a bachelor's degree in our program. there are one line options. you can not only get a job but you can continue on with your education at the same time. >> that will open up other opportunities for work? >> absolutely. >> it is an interesting program. glad you came on. >> thank you for joining me >> thank you for joining us on maryland spotlight. i'm kim knight. [ woman ] ring. ring. progresso. i need your help... i just served my mother-in-law your chic
the program tax a -- takes a year and a half to complete. we offer flexibility today's working adults need. they'll do clinical rotations at area hospitals. we work with 19 laboratories in the baltimore beltway area as well as surrounding counties to provide students with the opportunity to fine tune their skills. once they graduate they have everything they need to be an entry level employee. once they graduate they can take their certification exam. our graduating classes have a 100% pass...
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Oct 14, 2012
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to get growth you should not raise taxes. it should lower the tax burden. we need to lower the overall burden if you can. then you need to do the things we talked about here. common sense energy policy. these are the areas that will create a framework that is conducive to growth. if the democrats will not go along, we should not raise taxes. we should lower them. >> what are your personal do you see yourself climbing to the highest rungs of the house? >> we will worry about those other issues and concerns after the election. i have been saying this. i believe it. we are at one of those historical moment for our country. we will decide to different directions we can go. it is one of those moments of magnitude. we always know the moment to never forget on a personal or family level. big goals you have any accomplish them. sometimes those moments of significant take a broader context. they apply to an entire country. we're at one of those moments. my focus is making sure we do everything we can to help mitt romney win. after that happens we will look at other
to get growth you should not raise taxes. it should lower the tax burden. we need to lower the overall burden if you can. then you need to do the things we talked about here. common sense energy policy. these are the areas that will create a framework that is conducive to growth. if the democrats will not go along, we should not raise taxes. we should lower them. >> what are your personal do you see yourself climbing to the highest rungs of the house? >> we will worry about those...
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Oct 14, 2012
10/12
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FBC
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we have a massive tax increase, a repeal of the bush tax cuts, have the social security tax that is reenacted for employees of 2%. we have the over trillion dollar spending issue. it is about 5% of our economy. neil: what you think the market is doing? >> i am very concerned about what the market is doing. when you look at stock prices today, the fiscal cliff is not yet built. neil: they don't even see that as a possibility. the closer we get, the more they start getting antsy and. >> again, i'm very concerned about that. antsy for sure. and i don't think that we are going to get a lution to this thing, certainly before the end of the year. neil: so you don't even buy the six-month extension think? >> when we can stop looking at this thing in bits and pieces. this is not what leaders do. leaders are decisive. il: when it coms to the sequestration cuts that they agree to, they are trying to change the rules on that. >> i cannot disagree with you there, neil. but i would ask your audienceto think back to when barack obama was running for president. he ran as a uniter. he was going to make this
we have a massive tax increase, a repeal of the bush tax cuts, have the social security tax that is reenacted for employees of 2%. we have the over trillion dollar spending issue. it is about 5% of our economy. neil: what you think the market is doing? >> i am very concerned about what the market is doing. when you look at stock prices today, the fiscal cliff is not yet built. neil: they don't even see that as a possibility. the closer we get, the more they start getting antsy and....
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Oct 14, 2012
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rate. >> the 20% tax rate i think the people will understand that is a broad principle that that tax rate needs to come down and we need to broaden the base. that is the principle. also that we are not going to change the share of taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent people how do you pay for it and you refuse to say how you will pay for it? >> we will pay for it by eliminating deductions and loopholes and making sure for the middle class that protecting the home mortgage deduction and other important deductions for them but at the high end you would eliminate deductions and a lot of special interest loopholes that would allow you you to
rate. >> the 20% tax rate i think the people will understand that is a broad principle that that tax rate needs to come down and we need to broaden the base. that is the principle. also that we are not going to change the share of taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work...
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Oct 14, 2012
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the tax man is coming to you. >> device for the bench of the beit. >> folks, use your common sense. who do you trust on this? a guy who introduced a bill that would raise its $6,400 a year, knowing it and passing it and romney said he will sign it were me and the president? >> did joe biden stock the romney wave? >> you're going to win? >> yes. >> the washington over benghazi. >> you ask him for the son, you'll get the stars. >> i hope the court rules that a student's race and ethnicity should not apply when applying to university. >> paul ryan got the edge in the vice-presidential debate. and an instant cbs will give it to joe biden. new york times said it was a debate with clarity and fervor, and the washington post -- the debate gave viewers a real boost. >> medicare and social zuccotti did so much for my own family. we will let jeopardize this -- medicare and social security did so much for my own family. we will not jeopardize this program. >> the bottom line is that people have to pay more money out of their pocket. >> talking points memo asked the question should obama suppor
the tax man is coming to you. >> device for the bench of the beit. >> folks, use your common sense. who do you trust on this? a guy who introduced a bill that would raise its $6,400 a year, knowing it and passing it and romney said he will sign it were me and the president? >> did joe biden stock the romney wave? >> you're going to win? >> yes. >> the washington over benghazi. >> you ask him for the son, you'll get the stars. >> i hope the court...
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Oct 14, 2012
10/12
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WUSA
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proponents argue taxes from wider marijuana use would generate millions more for school construction. >> let's have marijuana tax money go to our schools rather than criminals in mexico. >> that argument falls flat with amie baca-oehlert, vice president of the colorado education association. baca-oehlert says legalizing marijuana contradicts the anti-drug message taught in schools. >> marijuana has impacts, negative impacts on attention span, brain development, all of these things that impact learning. >> reporter: colorado's governor and local law enforcement officials here worry about a potential conflict with federal law that makes possessing or growing marijuana a crime. >> jefferson county sheriff ted mink fears legallization will attract outsiders to grow here and sell to the rest of the country. >> i live in colorado most of my life and this is not what i think colorado is about, is to become the marijuana capital of the united states. >> reporter: state representative jonathan singer supports the idea of treating marijuana like alcohol. a former drug counselor, singer has seen
proponents argue taxes from wider marijuana use would generate millions more for school construction. >> let's have marijuana tax money go to our schools rather than criminals in mexico. >> that argument falls flat with amie baca-oehlert, vice president of the colorado education association. baca-oehlert says legalizing marijuana contradicts the anti-drug message taught in schools. >> marijuana has impacts, negative impacts on attention span, brain development, all of these...
SFGTV: San Francisco Government Television
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Oct 14, 2012
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SFGTV
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the $2 million tax and the giveback are in the same piece of paper. so one cannot say that they were not meant to be coupled. in addition -- and so we think -- we recommend that this situation be remedied, and that the contractor, should there be one, comply with the intent of the charter. we also believe that doing that would provide great hardship on the operating budget of the san francisco arts commission. and we have no interest to do that. but the charter rules in this case. and so we've recommended several ways in which that money can be made up. there are probably countless other ways, which i'm sure the crrl, the board of supervisors, and other departments, can sort through, so that the arts commission is not damaged irrep rehably by -- irrep rehabbably. we really are hopeful that that can happen. there was another issue that came up in that contract which has to do with tickets. but since the arts commission had made known to -- since the grand jury made known to the arts commission that there indeed was this problem with not reporting prope
the $2 million tax and the giveback are in the same piece of paper. so one cannot say that they were not meant to be coupled. in addition -- and so we think -- we recommend that this situation be remedied, and that the contractor, should there be one, comply with the intent of the charter. we also believe that doing that would provide great hardship on the operating budget of the san francisco arts commission. and we have no interest to do that. but the charter rules in this case. and so we've...
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culture is that so much of a tax payers money i mean hundreds of them a real strain again the global economy risk getting back into recession just three years after going out of the previous growth is slowing in. the for. more news today violence has once again flared up the full these are the images the world has been seeing from the streets of canada. operations. gold fever. turnstyles hands into slaves. my father but also among other involved in the monsoon and since i started working in amman i stated i look at it and feel multinationals. make it a cash cow to be milked dry and if i think that in this country is gold medal logie as an environmental cost which is unacceptable to local business was labeled illegal and controlled by criminals in order to protect our lives our families and to work in piece of. news almost that we are forced to pay protection to illegal groups watch for prices colombia going to pay for. the modest effect on r.t. . if the fiftieth people aged between forty and fifty come to the para going to say they think they are probably too old to parrot lloyd i'm
culture is that so much of a tax payers money i mean hundreds of them a real strain again the global economy risk getting back into recession just three years after going out of the previous growth is slowing in. the for. more news today violence has once again flared up the full these are the images the world has been seeing from the streets of canada. operations. gold fever. turnstyles hands into slaves. my father but also among other involved in the monsoon and since i started working in...
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Oct 14, 2012
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CNN
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with this tax plan. >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math? >> let's talk about the pressure that's on romney to try to give more specifics about how do you do that? what about that math? >> well, you know, there are a lot of numbers flying around, but the question really is very specific and easy to grasp. sit mathematically possible to do the three things that romney says he's going do on his tax plan? not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on him and he has not fully answered it. and again, if the math is wrong, i
with this tax plan. >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math? >> let's talk about the pressure that's on romney to try to give more specifics about how do you do that? what about that math? >> well, you know, there are a lot of numbers flying around, but the question really is very specific and easy to grasp. sit mathematically possible to do the three things that romney says he's going...
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Oct 14, 2012
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CSPAN
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it is a far more efficient tax system so it gets this huge waste, this coefficient cost, not a bad tax system, a legal system, uncertainty. you would have had better growth. i'd think it was four to one, or whatever it was, but close enough would have been good enough. it does not have to be exactly right. once. starting a down, it would pay for a lot. >> the united states has been now growing at roughly half of what you might call the modern historic rate of economic growth. we're growing in fiscal 2002, give or take. if you were advising the next president, be it obama or romney, to sayublicly here are the few things we should do in order to generate economic growth, one would obviously be some kind of comprehensive budget deal, but what else would be the -- on the jamie dimon list? >> america is a great country. the president should recognize one thing for certain. i think this attitude is just not true. we of the best military on the planet and we will four years. we have the most transparent capital markets in spite of what happened. investment, of capital, private equity. we have
it is a far more efficient tax system so it gets this huge waste, this coefficient cost, not a bad tax system, a legal system, uncertainty. you would have had better growth. i'd think it was four to one, or whatever it was, but close enough would have been good enough. it does not have to be exactly right. once. starting a down, it would pay for a lot. >> the united states has been now growing at roughly half of what you might call the modern historic rate of economic growth. we're...
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. >>> you can cut tax rates bay 20% and still preserve these preferences for taxpayers. >> it is not mathematically possible. >> it is mathematically possible. >> it's never been done before. >> it's been done couple times. jack kennedy lowers tax rates. >> now you are jack kennedy. >> that is one of more mild ones in the debate last tuesday. some critics are calling biden's performance mocking and bullying. so here is the question we're asking today. are these the qualities that americans want in the next leader? let's bring in our political panel, julie is here fox news contributor and dede is strategist and mary walters a radio talk show host. let's start with you. what kind of influence do you think this will have on the eventually election? >> here is the think. i think biggest influence this guy is one thing by the way from the nuclear code. she laughing about various issues, libya, people dying. it was really weird. it was kind of creepy. this guy jumped on the crazy train and never got it. did it did influence folks knowing this guy could be the president one day. >> heather:
. >>> you can cut tax rates bay 20% and still preserve these preferences for taxpayers. >> it is not mathematically possible. >> it is mathematically possible. >> it's never been done before. >> it's been done couple times. jack kennedy lowers tax rates. >> now you are jack kennedy. >> that is one of more mild ones in the debate last tuesday. some critics are calling biden's performance mocking and bullying. so here is the question we're asking...
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ways to create affordable housing and some of these other benefit and is we don't have some of the taxing mechanisms we've had in the past so i think to not figure out a way to support this project would not be advantageous, i know where we've made zoning for various things, if development doesn't happen, those improvements don't happen, so i know the two have to work in concert together. in terms of other projects not before us, i don't think we are in a position to make any decisions related to shadow on those projects and i think we would have to revisit whether or not the public good and benefit of those other projects because they don't have the same public good and benefit that this project has would be able to be considered at the same time. >> thank you, let me make a couple of comments and i think this is a critical step for san francisco, i think it's the next step for san francisco, as supervisor wiener mentioned, we have some regional responsibility, not just for san francisco but to gain access for the city, i'm happy we took this process as a step to look at things from a 30
ways to create affordable housing and some of these other benefit and is we don't have some of the taxing mechanisms we've had in the past so i think to not figure out a way to support this project would not be advantageous, i know where we've made zoning for various things, if development doesn't happen, those improvements don't happen, so i know the two have to work in concert together. in terms of other projects not before us, i don't think we are in a position to make any decisions related...
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let's talk about taxes. next i'm going to let governor romney explain this for himself. >> well, i've made it pretty clear that my principles are, number one, simplify the code, number two, create incentives for large businesses and small businesses to grow, number 3, don't burden high income taxpayers, and number 4, reduce the burden of tax for middle income people. >> he can do that, we'll have a brand new tax plan. it's bold, but nobody has really done it since reagan. finally, let's look at the deficit. romney is planning to cut more funding than big bird and pbs. his plan is to reduce foreign aid, and one of the biggest cuts, prioritizing amtrak. you may not think that's a big deal, i use amtrak all the time. romney says privatizing it will save $1.2 billion. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society, and he wants to that by the end of his first term. right now government spending is at 25% of gdp. let's sh
let's talk about taxes. next i'm going to let governor romney explain this for himself. >> well, i've made it pretty clear that my principles are, number one, simplify the code, number two, create incentives for large businesses and small businesses to grow, number 3, don't burden high income taxpayers, and number 4, reduce the burden of tax for middle income people. >> he can do that, we'll have a brand new tax plan. it's bold, but nobody has really done it since reagan. finally,...
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that of course creates more tax revenue. in essence, you have more revenue that could be used in the government. so what we're looking at is -- >> by the way, just -- the 12 million figure that you guys like to use, economists have said if no one does anything, 12 million jobs are going to be added over the next few years. to say that 12 million jobs is an incredible achievement. >> i would say it's incredible when you look at president obama's current stagnant economy, when you're only seeing the gdp growing at 1.2%. and less than 114,000 jobs are being created a month. i mean it's just been, the way president obama has worked, where he's not been able to work with congress, not been able to provide the leadership to really get this economy going. just shows he has a failed policy that hasn't worked. we're seeing that medium household incomes have dropped. not enough jobs, jobs are not being created at the rate they should be created. under his plan, it would cost 700,000 jobs. that's not the plan we need to have for americ
that of course creates more tax revenue. in essence, you have more revenue that could be used in the government. so what we're looking at is -- >> by the way, just -- the 12 million figure that you guys like to use, economists have said if no one does anything, 12 million jobs are going to be added over the next few years. to say that 12 million jobs is an incredible achievement. >> i would say it's incredible when you look at president obama's current stagnant economy, when you're...
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no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains. >> the media call those gaffes, but often the media don't know. when ed musky lost the '072 primary because he looked like he teared up defending his wife, everyone said candidates can't career, because that's week, but then in 2008 hillary clinton cried. >> you know, i have so many opportunities from this country. >> she began to tear up. >> don't want to fall backwards. >> she showed being human. >> you know, this is very personal for me. >> pundits pounced. >> people perceive that as weakness. >> yeah, i think they will and they should. >> makes her look like her campaign is in trouble. >> the day before showed clinton 10 points behi
no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains....
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it is a shame that 1 dollar of my tax dollars goes to this. if you are in that bureaucracy, a whole lot more than 1 dollar, you're getting a lot of concentrated benefits. you are going to fight tooth and nail to keep those programs. that is why a clean slate needs to be what we need. >> we are at transport in las vegas. we are talking with author tom woods about his new book, "rollback: repaling big government before the coming fiscal collapse." >> but that is another one of these topics, again, we are taught to not really think about, not to subject them to little scrutiny. that you have a question about the federal reserve, people who clearly are saying that it's okay. what does it do? what is it about? what i'm suggesting is that the fed is actually not the institution that when we spontaneously have these business cycles that have no explanation, but that comes to the restroom solves the problem. they typically intensifies the problem and what we need do is roll back the fed as well. the conventional wisdom surrounding the fed is dead wron
it is a shame that 1 dollar of my tax dollars goes to this. if you are in that bureaucracy, a whole lot more than 1 dollar, you're getting a lot of concentrated benefits. you are going to fight tooth and nail to keep those programs. that is why a clean slate needs to be what we need. >> we are at transport in las vegas. we are talking with author tom woods about his new book, "rollback: repaling big government before the coming fiscal collapse." >> but that is another one...
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as you all know is we'll create jobs for carpenters and other trades here in san francisco, plus the taxes it will generate to continue to build more parks. what i see today from the shadow -- the presentation is that the shadow is minimal, it's basically in the morning and in the late evening and i think it's very minimal as far as the project being shut down because of the shadows, so i urge you to strongly support this project. it's going to create approximately 27 thousand permanent jobs in the area, 8300 jobs will be related to the construction, 17 thousand jobs related to the construction of the neighborhoods surrounding the transbay center, it's going to also create new open space downtown san francisco, so i strongly urge you that we support this project. thank you very much. thank you. >> good morning, commissioners, danny campbell, sheet metal workers, local 104, i just wanted to say that the shadow impacts we feel are negligible that are by this tower and the height of the tower is important for its economic viability as well as for the completion of the transbay terminal itself
as you all know is we'll create jobs for carpenters and other trades here in san francisco, plus the taxes it will generate to continue to build more parks. what i see today from the shadow -- the presentation is that the shadow is minimal, it's basically in the morning and in the late evening and i think it's very minimal as far as the project being shut down because of the shadows, so i urge you to strongly support this project. it's going to create approximately 27 thousand permanent jobs in...
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. >> narrator: he had changed his rhetoric on gun rights, gay rights, climate change and the tax pledge. he lost in iowa, new hampshire and florida. just one month into the primaries, romney's campaign was over. >> i entered this race because i love america. i feel i have to now stand aside for our party and for our country. >> narrator: romney had fallen short, unable to secure the presidential nomination. (crowd chanting): mitt! mitt! >> the mitt romney in 2008 was partly a politician and very much a business person and totally a novice to what it meant to be a national candidate. >> narrator: he had spent $45 million of his own money on the campaign. >> on the plane back to boston, following his announcement, he turned to me and he said, "eric, what are you going to do? we've got to figure out what our people are going to do. they're going to be moving on into other jobs." this was not a person who was thinking about running again for president. i think he felt he had his opportunity and the door had closed to him. >> it's a whole new political world for the president. >> narrator: n
. >> narrator: he had changed his rhetoric on gun rights, gay rights, climate change and the tax pledge. he lost in iowa, new hampshire and florida. just one month into the primaries, romney's campaign was over. >> i entered this race because i love america. i feel i have to now stand aside for our party and for our country. >> narrator: romney had fallen short, unable to secure the presidential nomination. (crowd chanting): mitt! mitt! >> the mitt romney in 2008 was...
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kennedy tax cut. the taxes when kennedy was president were cut from 91% to 71%. the taxes were skewed toward the middle and lower class. the tax base was at 91 to 71 for the top margin. the tax rates for the top earners right now are fundamentally different. they're in the mid to high 30s. what i'm campaigning on is solving the fiscal crisis. and you know that if we don't have new revenue, that doesn't engage in tricks, the congressional research service says your tax cutting policy hasn't worked one time. paul ryan couldn't cite an example -- >> can i do a joe biden laugh now? >> sure, you can do it. you look terrific. you have teeth as good as his. >> i was just going to say i talked to a lot of major business leaders who want romney elected, but almost to a man and a woman they say, we're going to have to pay more taxes in our category. what they want to do, however, is to benchmark them against spending cuts so they can get spending down to 20% of gdp. there will have to be a combination in their judgment. and these are private business leaders who run big co
kennedy tax cut. the taxes when kennedy was president were cut from 91% to 71%. the taxes were skewed toward the middle and lower class. the tax base was at 91 to 71 for the top margin. the tax rates for the top earners right now are fundamentally different. they're in the mid to high 30s. what i'm campaigning on is solving the fiscal crisis. and you know that if we don't have new revenue, that doesn't engage in tricks, the congressional research service says your tax cutting policy hasn't...
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someone who believes we were better off eight years ago, going back to those policies, emphasizing tax cuts mainly for the wealthy, here is your man. if you want someone who will fight for you and will fight for middle-class tax cuts, then i am your man. i want to be. now, i doubt that anyone here makes more than $330,000 per year. if you do, you are in the top 1%. >> that would violate the rules. >> that i will not ask. [laughter] if everyone in the audience was in the middle of the middle class, the tax cuts for all of you added up would be less than the tax cuts that his plan would give to just one member of the top wealthiest 1%. >> you may not be one of those people, you're just up the right person. you talk about eight years? in eight years they have done nothing done on medicare. >> time to get something done. >> presidential town hall debates ought -- they began in 1992. in every election since, presidential hopefuls have taken questions from undecided voters. tuesday night, watch president obama and mitt romney in their town hall debate. >> former u.s. senator, arlen specter,
someone who believes we were better off eight years ago, going back to those policies, emphasizing tax cuts mainly for the wealthy, here is your man. if you want someone who will fight for you and will fight for middle-class tax cuts, then i am your man. i want to be. now, i doubt that anyone here makes more than $330,000 per year. if you do, you are in the top 1%. >> that would violate the rules. >> that i will not ask. [laughter] if everyone in the audience was in the middle of...
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he's going to be completely different than his tax return father. and i said this created perhaps too high expectation the west of exactly what you want to do and which are able to do. >> where were your meetings held? >> they were held in paris places, usually in the presidential building, a very modest building in a district of damascus. i mean, very modest. it's a typical middle-class residential apartment building transformed into a president -- the quality presidential palace. it's not at all. that's where he mainly works. the street is blocked off. but we also met and what is called the people's palace, which was built by his father, this grand structure in the top of the mountain overlooking damascus. i mean, it is a palace and then some, but he hardly ever goes there no minis dignitaries. the only reason i met them there one time was he was meeting with mock mohammed in the shed, the iranian president. i met with him just after that. i think i can say this now considering this current circumstances, but i asked him, mr. president, what you t
he's going to be completely different than his tax return father. and i said this created perhaps too high expectation the west of exactly what you want to do and which are able to do. >> where were your meetings held? >> they were held in paris places, usually in the presidential building, a very modest building in a district of damascus. i mean, very modest. it's a typical middle-class residential apartment building transformed into a president -- the quality presidential palace....
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start immediately and that's how we started doing it despite the fact that i squat and do all kinds of taxes sizes with large weights i never carry had. shopping bags if i have a son to do that. first and foremost i must stay feminine and. produce proud of my mom that's it will. go before i retired i had worked as an executive at the famous car plant in all of them as i was in the payroll department and i was heading up a group of workers i basically know the plan inside out so now when i visit people always ask me how i managed to look so good. they say that they're really impressed by my results. place to my starting my sporting career in this very gym at the plant giving them. my first victory in this gym with a yeah i did for eleven years i've been attending this gym and working out here three times a week. the plants employees attend this gym and i show them what i know about their very pleased to get advice from an elderly woman like me i'm sixty six and for them i'm an example to follow. because if i would like to congratulate you on your recent achievements and this is a token of my
start immediately and that's how we started doing it despite the fact that i squat and do all kinds of taxes sizes with large weights i never carry had. shopping bags if i have a son to do that. first and foremost i must stay feminine and. produce proud of my mom that's it will. go before i retired i had worked as an executive at the famous car plant in all of them as i was in the payroll department and i was heading up a group of workers i basically know the plan inside out so now when i visit...
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i know he's mentioned the failure of the council to go for tax increase. our fiscal reform plan calls for additional revenues after we lymph mea implemented the other savings. we're trying to implement measure b and it's being held up by the unions. it was my assessment that it was not winnable in this election cycle for a lot of different reasons which we went into in the public session. >> san jose, no matter what you say, is one of the safest cities in the united states of america. that said, when there's a burglary in progress and there's a huge manhunt, that requires half of the police force to find these guys. >> absolutely. the biggest problem we have is there's not enough police force left. we use the term, one of the safest big cities. we are officers on the street. when i'm face to face with you helping you with your crime problem or whatever you called us for and calls are coming over and we'll say pending, person calling for help. it's very difficult. the reality is that we cannot service the people as they deserve right now. and without more o
i know he's mentioned the failure of the council to go for tax increase. our fiscal reform plan calls for additional revenues after we lymph mea implemented the other savings. we're trying to implement measure b and it's being held up by the unions. it was my assessment that it was not winnable in this election cycle for a lot of different reasons which we went into in the public session. >> san jose, no matter what you say, is one of the safest cities in the united states of america....
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ho ♪ green giant >>> riot now we're going to talk about proposition 30 that would temporarily raise taxes and guarantee local funding. to talk about it. prop 30 is ken tray, lowell high school teacher and howard epstein the vice chair of communications for the san francisco republican party. he is against proposition 30. ken, let me start with you, i wanted to know more about it. why should people vote yes on this? >> unfortunately california is 47th for people spending in the nation. it's time to step up and support our kids. we need to lower class size. we need to hire the best and brightest college grads. that is what prop 30 does. it will bring in needed funds to prevent loss of programs at lowell high school we have a library and computer labs. we have a sports program. we have a great theater program. our kids deserve that. they deserve a world class education. they deserve an education that will prepare them for the high-tech world that they are facing. we can do no less than pass prop 30. 47th in 9 nation. our kids deserve better. >> cheryl: let me talk to you about this. why shou
ho ♪ green giant >>> riot now we're going to talk about proposition 30 that would temporarily raise taxes and guarantee local funding. to talk about it. prop 30 is ken tray, lowell high school teacher and howard epstein the vice chair of communications for the san francisco republican party. he is against proposition 30. ken, let me start with you, i wanted to know more about it. why should people vote yes on this? >> unfortunately california is 47th for people spending in the...
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. >> i can put up with a lot from government, like higher taxes. and while i don't like it, pushing god out of public schools but letting a small number of government and business elites and judges define what marriage is to minnesotans doesn't seem very fair. >> amendment opponents have their own take on government interference. >> government should not be telling people who to fall in love with. government should not be telling people who to cohabit with. >> some big employers like cereal maker general mills have publicly opposed the amendment, arguing it would hurt recruitment. others have stayed neutral but say they support their gay employees and customers. retailer target notes that its marriage registry welcomes gay couples. however, unlike many other state campaigns, some of the most prominent no voices have also come from pulpits and preachers. >> many campaigns have run away from religion in the past, trying to say there's a separation of religion and state. whereas in minnesota, i think we have embraced the idea that a person of faith ca
. >> i can put up with a lot from government, like higher taxes. and while i don't like it, pushing god out of public schools but letting a small number of government and business elites and judges define what marriage is to minnesotans doesn't seem very fair. >> amendment opponents have their own take on government interference. >> government should not be telling people who to fall in love with. government should not be telling people who to cohabit with. >> some big...
SFGTV: San Francisco Government Television
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one of the things the buildings will bring is historic tax credit and equity and low expense equity to the project and we have designed a participation rent structure where the port's income is behind some of the other equity and other investors so that we can bring more of the money to the table and because of those reasons we can do the project now and not wait to invest substantial public money into it as we once thought. overview of the business trends. odi in the term sheet has agreed to invest $14 million of their equity in the project. the port is putting 1.5 million and that is money we budgeted and planned and we were going to spend money to prop up the buildings because we didn't think we could get to it in time. we put those on hold and we are going to contribute to the full rehab. the participation deal works that the net revenue after paying the debt service and the costs will first flow back to the odi entity to repay the equity that invested and 14% return on that equity. once their equity is repaid we share in the net and the port also has participation in the refinanci
one of the things the buildings will bring is historic tax credit and equity and low expense equity to the project and we have designed a participation rent structure where the port's income is behind some of the other equity and other investors so that we can bring more of the money to the table and because of those reasons we can do the project now and not wait to invest substantial public money into it as we once thought. overview of the business trends. odi in the term sheet has agreed to...
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pledge and no new taxes. does that fit your bill? by the way, i'm not actually promising you a tax cut. it might just come out even. >> the only confusion is people don't -- >> that's fine with you. sorry. >> he wants to reduce marginal tax rates across the board for all americans, 20%, which is what reagan did, which is what john f. kennedy did. he also wants to do what reagan did in 1986, which is to have it end towards revenue neutrality and job creation as reagan and kennedy gave you, and eliminating some deductions and credits, all the tax credits that have funneled money to the administration's friends, not help the economy. let's get rid of those kind of corrupt deductions and credits and raise some money at the same time, but net, it's going to be a revenue-neutral at worst or a tax cut. >> part of what happened in the first debate, i think, and this will run back into the tax issue, is that people saw mitt romney and some thought, oh, he is not this scary person we've seen in the ads. he seemed reaso
pledge and no new taxes. does that fit your bill? by the way, i'm not actually promising you a tax cut. it might just come out even. >> the only confusion is people don't -- >> that's fine with you. sorry. >> he wants to reduce marginal tax rates across the board for all americans, 20%, which is what reagan did, which is what john f. kennedy did. he also wants to do what reagan did in 1986, which is to have it end towards revenue neutrality and job creation as reagan and...
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now is like that cartel of high tax countries and the european union is trying to harmonize tax policy to harmonize tax rates and harmonize regulations and eliminate competition that is a bad thing. all countries come into existence. areas that are not in and now become independent countries in the future there is more competition there will be lower taxes less spending every few regulations that the more free market policies because we because countries need to compete for capital for talent and that is what drives economic growth one man does that let's leave it right there thank you very much for your thoughts on this time mendoza from the libertarian party of the netherlands by turkey has not closed our i.d.'s and space to syrian civilian flights echoing a similar move by damascus this week to intercepted a syrian passenger plane claiming it carried russian made me nish and the government forces also says the only call go was only electronic equipment for radio stations and all of. it we're not going to school reports. they pointed their guns at those hungover from the put those on
now is like that cartel of high tax countries and the european union is trying to harmonize tax policy to harmonize tax rates and harmonize regulations and eliminate competition that is a bad thing. all countries come into existence. areas that are not in and now become independent countries in the future there is more competition there will be lower taxes less spending every few regulations that the more free market policies because we because countries need to compete for capital for talent...
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many do not have statewide taxes such as personal corporate income tax or sales tax. the top three have no corporate individual income taxes. at the bottom of the barrel when it comes to taxes and climate overall for job creating firms the worse five, rhode island, vermont, california, new jersey and dead last, number 50, new york. the states in the bottom ten all had this in common. they suffer from complicated nonneutral taxes with high rates compared to other places. now, the winner for most improved, maine. it went from 37th to 30th overall mainly because it repealed its alternative minimum tax. michigan also jumped in ranking by replacing the michigan business tax with a flat corporate income tax. this year these rankings are all the more interesting because so many cash starved states have been making changes and reforms and that can significantly change their rankings. back to you. >> shannon: brenda buttner. thank you very much. that is it for us here in washington. do not miss "fox news sunday" next. chris wallace is previewing the second presidential debate
many do not have statewide taxes such as personal corporate income tax or sales tax. the top three have no corporate individual income taxes. at the bottom of the barrel when it comes to taxes and climate overall for job creating firms the worse five, rhode island, vermont, california, new jersey and dead last, number 50, new york. the states in the bottom ten all had this in common. they suffer from complicated nonneutral taxes with high rates compared to other places. now, the winner for most...
SFGTV: San Francisco Government Television
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and the hazardous waste services and execute annexation of pier one and san francisco special count tax district and san francisco sustainable financing and payment for the port commission of the pro rata share of special taxes, a sub tenant with the pier and llc. >> motion to approve. >> motion. >> second. >> is there any public comment? hearing none all in favor. >> aye. >> aye. >> resolutions 1275 and 1276 have passed. >> item 9a informational presentation on the port planning studies associated with approval of the pier 27 james r. herman cruise terminal and each wharf terminal project. >> good afternoon president woo ho, members of the commission. i am diane oshima with port and planning division and i wanted to give informational overview of planning studies that the port and p dc will commences towards the end of this year. i saw joe step in and i want to acknowledge him as well. the port and they have a long history of working together, and commissioner adams you weren't here before, but let me just give you a brief background. as part of the pier 27 james r. herman cruise termi
and the hazardous waste services and execute annexation of pier one and san francisco special count tax district and san francisco sustainable financing and payment for the port commission of the pro rata share of special taxes, a sub tenant with the pier and llc. >> motion to approve. >> motion. >> second. >> is there any public comment? hearing none all in favor. >> aye. >> aye. >> resolutions 1275 and 1276 have passed. >> item 9a informational...
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specifically the 20% across the board tax cut. why are they being so vague and will governor romney get specific at this debate? >> you know, it's funny. it cuts both ways. i think the reason they're not going specific is because they don't want to be attacked. they put the romney and ryan ticket on the defense. but i've heerd governor romney say this. he says i want to work in a bipartisan way. i want to work with democrats on capitol hill. i want to do what george w. bush did with no child left behind. that's to allow the congress -- that is to allow the legislative branch to be a part of the process. and thus in the process create or draft a piece of legislation that we can all work with. so i think it's a combination of both answers, alex. >> president obama had tough reviews following the first debate. what do you think is the greatest challenge in round two? >> the white house said to make adjustments. i think it's to make the adjustments without overcorrecting in some way. i don't think the voters want him to come out compl
specifically the 20% across the board tax cut. why are they being so vague and will governor romney get specific at this debate? >> you know, it's funny. it cuts both ways. i think the reason they're not going specific is because they don't want to be attacked. they put the romney and ryan ticket on the defense. but i've heerd governor romney say this. he says i want to work in a bipartisan way. i want to work with democrats on capitol hill. i want to do what george w. bush did with no...
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if passed funding from the tax and bond measures would rebuild and rehope willard pool, among others. >> it's sad to see the pool was filled with dirt. >> there are opponents of measures o and n. they argue the city should not undertake any major projects until it has cash to cover all unfunded liabilities. new this morning, san francisco is make bid to be the host city for the super bowl in 2016 or 2017. even though the 49ers are moving to santa clara. today san francisco chronicle reports mayor ed lee has been quietly working with the 49ers to be the host city, even though the game would be played at the new stadium in the south bay. tomorrow the league will announce whether san francisco is actually among the contenders. the paper said san francisco would host a series of events during the week leading up to the big game. 49er ceo reaffirmed on friday that he considers san francisco the team owes home. he says if the niners wane super bowl, the parade would be on market street. and lisa, we are wondering what santa clara mayor thinks about all of that. >> yeah, interesting. >> well
if passed funding from the tax and bond measures would rebuild and rehope willard pool, among others. >> it's sad to see the pool was filled with dirt. >> there are opponents of measures o and n. they argue the city should not undertake any major projects until it has cash to cover all unfunded liabilities. new this morning, san francisco is make bid to be the host city for the super bowl in 2016 or 2017. even though the 49ers are moving to santa clara. today san francisco chronicle...
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debate is rather than being one on the last debate so tied up in numbers and in the weeds as far as tax and deficits. i don't think the public understood what they were saying but paying attention to how they were saying it. this debate they could be asked about immigration, gay marriage and a whole variety of issue that is could take a different attack. >> maybe, but he has to push forward and have answers for those things. obama is ready for the last debate now. he is to forge ahead like the mayor says and make obama react to the new issues. >> what does the president have to do? >> he has to show he has the skills and ability to engage in an interchange with a person who is really pressing and pressing hard anatases do so in a presidential way, not just the new theory way. >> what was lacking you thought in his presidential prep performance last time? >> energy, knowledge, interest -- he looked board bored completely. he looked indifferent. he didn't respond to the missed allegations made by mr. romney. he has to be able to do all of that in a setting while at the same time maintaini
debate is rather than being one on the last debate so tied up in numbers and in the weeds as far as tax and deficits. i don't think the public understood what they were saying but paying attention to how they were saying it. this debate they could be asked about immigration, gay marriage and a whole variety of issue that is could take a different attack. >> maybe, but he has to push forward and have answers for those things. obama is ready for the last debate now. he is to forge ahead...
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experience as a creative writer, a writer of fiction affect your perception when you reread the classic tax, that should explicate, and also if you came out of writing the book with a particular favorite of all the writers that you profiled. >> first part, as the novelist myself, i know of the game's creative writers play when they're writing about. even the politicized minority might late be gay are you just regrow models. you just have to tell the most interesting story. and sometimes the characters are doing things you don't want them to do and you have to let that happen. serve reading the books and seen -- i would cut these writers such as lack and secular mike in its history since it is another. there's a couple places where james alden later novels so off the boil. he just wanted to finish the thing in the book doesn't really quite work. tell me how long the train has been gone. and i would cut him some slack there because it does happen. you can't kind of take this moral high ground. so i think i was more sympathetic than a pure, literary critic would be if he and telling the story.
experience as a creative writer, a writer of fiction affect your perception when you reread the classic tax, that should explicate, and also if you came out of writing the book with a particular favorite of all the writers that you profiled. >> first part, as the novelist myself, i know of the game's creative writers play when they're writing about. even the politicized minority might late be gay are you just regrow models. you just have to tell the most interesting story. and sometimes...
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. >> it is one of those tax measures on the ballot. i think it is important because it is proposed by tom star, a billionaire hedge fund management man, and someone very involved in green energy issues. this is what a lot of people say is an effort to fix loopholes for out-of-state company, requiring them to calculate their california sale's tax based on the percentage of sales they have in california. so, like this amazon that sells lots of stuff in california but is based out of california would have to pay a higher tax. that money would go to clean energy projects. >> there are two other propositions. i don't have time to get into the details too much except they repeal things. prop 34 will end the death penalty and replace it with life with no parole. >> cost. >> the cost, right. >> is that a valid representation. >> tax payers will actually get the -- it has happened. >> and proposition 36 repeals three strikes so people don't end up with some punishment for -- . >> it is just repealing it. you have to committed a invite lent crim
. >> it is one of those tax measures on the ballot. i think it is important because it is proposed by tom star, a billionaire hedge fund management man, and someone very involved in green energy issues. this is what a lot of people say is an effort to fix loopholes for out-of-state company, requiring them to calculate their california sale's tax based on the percentage of sales they have in california. so, like this amazon that sells lots of stuff in california but is based out of...
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on the tax cut where they challenged biden. on med i karks frankly i have to ask where is the press on that. there's been some substantive coverage but it hasn't been the main theme. >> you're right about that and i think biden in that sense made a mistake because he gave his opponent as chance to focus on the theatrics and not the substance. take one very good example where he skewer ryan on the question of the stimulus where ryan as a congressional representative from gainesville had twice asked for money from the constituencies. that kind of story has gotten buried in all of the talk about the theatrics. so the democrats are cheering biden, but he made a mistake by giving his opponent a chance to focus on the theatrics. >> is there so much media attention on his smiling and smurking aside in part because prot did so poorly in that first debate. >> yes. and of the particular way that president did badly. if you follow the theory, this is a visual contest, that what biden did to ryan, maybe he didn't make sense, maybe he told
on the tax cut where they challenged biden. on med i karks frankly i have to ask where is the press on that. there's been some substantive coverage but it hasn't been the main theme. >> you're right about that and i think biden in that sense made a mistake because he gave his opponent as chance to focus on the theatrics and not the substance. take one very good example where he skewer ryan on the question of the stimulus where ryan as a congressional representative from gainesville had...
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renewals or any new tax if they don't live there any more? it's kind of a ridiculous argument, and again, i come back to individuals who have not voted in two consecutive federal elections after you've been on the list, and that's important to indicate. you haven't voted in almost half a decade and almost the mail is being returned or any attempt is being ignored. so i don't understand what the big argument is over this. we're just doing our job, and every secretary of state in the country has to do it. they have to follow federal and state law. >> the way to get off that list, vote. >> just go vote. >> all right. secretary of state tom schedler, thank you so much. here's their address, by the way. we'll be right back. th stain-blocker from the home depot... ...the best selling paint and primer in one that now eliminates stains. so it paints over stained surfaces, scuffed surfaces, just about any surface. what do you say we go where no paint has gone before, and end up some place beautiful. more saving. more doing. that's the power of the hom
renewals or any new tax if they don't live there any more? it's kind of a ridiculous argument, and again, i come back to individuals who have not voted in two consecutive federal elections after you've been on the list, and that's important to indicate. you haven't voted in almost half a decade and almost the mail is being returned or any attempt is being ignored. so i don't understand what the big argument is over this. we're just doing our job, and every secretary of state in the country has...
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abortion, one, afghanistan another, medicare, taxes. that's what the obama campaign came out of saying that's where they thought he scored. they're -- they spent this weekend an they're going to spend every moment talking to people, figuring out which ones they can now exploit. chris: it's about policy differences. >> and trying to reach the groups. they're very precise about what sort of margins they need in certain groups, and how do they exploit that. that makes an overarching argument, but how do they move voters in the votes they need in the swing states? >> the issue that hasn't come up yet is immigration. we know how important latinos are in the swing states. chris: we asked the matthews meters -- could the obama team have played things smarter after the debacle in denver in that first debate? 11 say yes, they could have done it better. one person said something like, "heck, yeah." and some lodged their votes with multiple exclamation points. including you, john. [laughter] >> i was in all caps with a lot of exclamation points. c
abortion, one, afghanistan another, medicare, taxes. that's what the obama campaign came out of saying that's where they thought he scored. they're -- they spent this weekend an they're going to spend every moment talking to people, figuring out which ones they can now exploit. chris: it's about policy differences. >> and trying to reach the groups. they're very precise about what sort of margins they need in certain groups, and how do they exploit that. that makes an overarching...
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don't raise taxes on small businesses. they're our job creators. >> smiling and laughing while congressman ryan was talking about serious issues. was his body language at all, his facial expressions counterproductive? >> not at all. i'm happy to defend my dad. i don't think he needs defending. anytime folks on the far right are going after my father for smiling too much, that's a victory. my father spoke clearly to the american people about the facts. he did that for 90 minutes straight. this is not about how much my father smiled or how many gallons of water the congressman drank nervously on the stage. it's about talking directly to the american people about very important facts. what you say from my father was him articulating the vision that he and the president have and continuing to build the middle class out and take the country forward. i was struck by paul ryan on a number of fronts. especially the position on afghanistan. i feel very strongly about that. >> i want to get to that -- go ahead, i'm sorry. >> yeah, s
don't raise taxes on small businesses. they're our job creators. >> smiling and laughing while congressman ryan was talking about serious issues. was his body language at all, his facial expressions counterproductive? >> not at all. i'm happy to defend my dad. i don't think he needs defending. anytime folks on the far right are going after my father for smiling too much, that's a victory. my father spoke clearly to the american people about the facts. he did that for 90 minutes...
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tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in august and august was slower than it was in july. we're heading in the wrong direction. 23 million americans are struggling for work. 15% of americans are living in poverty. this is not what a real recovery looks like. we need real reforms for a real recovery. that is exactly what we are proposing. get america energy independent by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is
tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in...
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he won't talk as katrina mentioned how you do the tax plan. when he does a foreign policy speech as he says is, "i'll be tougher than barack obama" without saying what he will and endorses most of barack obama's foreign policy. so what we're getting a lot from quar campaign-- you guys are really good at this. i don't work for a campaign so it's not kind of an even fight here-- from your campaign a lot of top-line rhetoric-- i'm strong, he's weak, i can make the economy better. he can't, without either filling in the specifics-- >> the specifics are there. >> go back to the one thing-- >> how to create jobs. >> go back to the one big issue, the big tax cut plan. he will not say how to pay for it. in fact they say over and over again we don't want to give that away. it's like it-- you remember nixon's secret plan-- you remember nixon's secret plan to end the vietnam war? it didn't exist. he just said he had one, and we see the same thing. you guys are so smart. if paul ryan is such a smart guy, he should be able to explain this. >> listen, we do
he won't talk as katrina mentioned how you do the tax plan. when he does a foreign policy speech as he says is, "i'll be tougher than barack obama" without saying what he will and endorses most of barack obama's foreign policy. so what we're getting a lot from quar campaign-- you guys are really good at this. i don't work for a campaign so it's not kind of an even fight here-- from your campaign a lot of top-line rhetoric-- i'm strong, he's weak, i can make the economy better. he...
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doing tax cutting. we should have spent the whole trillion. the bottom line, we have a spending driven economy. when you have consumeser withdraw spending partly out of terror, they're losing value on their homes, banks withdrawing lending. you sucked all of that money and spending out of the economy, someone has to replace it. we've always had the government step in and replace that spending. we did it with fdr, even george w. bush did it. he hired a lot of government workers during the recession. >> post 9/11 we don't think of the tsa as a government jobs program, that's what it is. >> when i was in the bush administration, we didn't have four years of $1 trillion deficits. >> no. you created them. you made them. >> no, we did not. >> it was not a spending caused deficit. it was a war caused and tax cut caused deficit. >> not such a high def sit as we have now. they were not cuts in marginal tack rates. they were giving back money to people in terms of programs -- >> not stimulative. >> look, everyone
doing tax cutting. we should have spent the whole trillion. the bottom line, we have a spending driven economy. when you have consumeser withdraw spending partly out of terror, they're losing value on their homes, banks withdrawing lending. you sucked all of that money and spending out of the economy, someone has to replace it. we've always had the government step in and replace that spending. we did it with fdr, even george w. bush did it. he hired a lot of government workers during the...
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this is a tax in and of itself. i'll call it the economy tax. i'm not going to raise taxes on anyone. my plan is to bring down rates to get more people working. my priority is putting people back to work in america. i'm mitt romney and i approve this message. >> welcome back. john, tell me something i don't know. >> clinton is doing a lot of stuff for president obama, raising a lot of money. he's in a lot of the ads. look, you've still not done a joint campaign event so far. there's time reserved in the homestretch. you're going to see bill clinton and barack obama together a lot. chris: like the old motorcades with ike and dixon, the canons of new york. i love it. tell me something i don't know. >> early voting, as we all know, has been going on, and we're starting to get some indication of how it's going. over half a million votes have already been cast. both sides are spinning the numbers. so far it looks like republicans are doing better than they did in 2008 and the democrats are doing better also, solt margin is smaller than it was at some
this is a tax in and of itself. i'll call it the economy tax. i'm not going to raise taxes on anyone. my plan is to bring down rates to get more people working. my priority is putting people back to work in america. i'm mitt romney and i approve this message. >> welcome back. john, tell me something i don't know. >> clinton is doing a lot of stuff for president obama, raising a lot of money. he's in a lot of the ads. look, you've still not done a joint campaign event so far. there's...
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. >> he says he's going raise taxes. does anyone really think raising taxes on anyone helps get more people to work? the president's plan is status quo. more of the same. he calls it forward. i call it forewarned. >> of course that was mitt romney. he and his runningmate are in the swing state of ohio this weekend. romney spoke to large crowd and hammered the president on china, job creation and taxes. ryan told voters in the manufacturing state that the president's china policies have cost the country manufacturing jobs. now, with just three weeks to go, obama's campaign has made the record books. it has surpassed 4 million donors so far setting a new presidential campaign record for the total number of donors the obama campaign has raised half of money from donation under $200 close to reaching $1 billion raised between the campaign and national democratic committee. mitt romney and republicans are on track to raise $800 million or more by election day. >>> a warning for dog owners as a recall involving dog's treats. t
. >> he says he's going raise taxes. does anyone really think raising taxes on anyone helps get more people to work? the president's plan is status quo. more of the same. he calls it forward. i call it forewarned. >> of course that was mitt romney. he and his runningmate are in the swing state of ohio this weekend. romney spoke to large crowd and hammered the president on china, job creation and taxes. ryan told voters in the manufacturing state that the president's china policies...
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rate for the next four years and put in place a progressive income tax. for those earnings. more than $250,000 a year. >> 89% of the money new would go through k through 12 with community colleges. >> they gathered at the ocean beach to put out a serious message. >> phil: they join to form the words. >> they are angry about the 2010 discussion to make corporations make unloaded contributions to political action committees. >> this is what people are concerned about. >> we hope the tide is turning on the government and we will take back our country for the people. >> here is an aerial photo of the human banner. >> the,er is a san francisco cab driver who has put together a dozen of these events offer the years. >> it is the balk for big bird. >> demonstration is going to be hill on the national mall in washington. >> three days before the march, it is for mitt romney's comment in which he plans to end the get rally support sub sit did i of pbs which offers such shows assess me street. >> they are being felt at many california restaurants. >> they are start
rate for the next four years and put in place a progressive income tax. for those earnings. more than $250,000 a year. >> 89% of the money new would go through k through 12 with community colleges. >> they gathered at the ocean beach to put out a serious message. >> phil: they join to form the words. >> they are angry about the 2010 discussion to make corporations make unloaded contributions to political action committees. >> this is what people are concerned...
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>> reporter: team obama tells us the president will go after romney on his tax cut plans and his ideas for winding down the war in afghanistan. but in tuesday's debate, it will be audience members who will be asking the questions in the town hall format. >> he's got to be able to go on offense without being offensive to the audience. he's got to go on offense and defend his vision, his path to where he'd take the country in a second term. >> how about a week ago i had a debate, and i did enjoy myself. >> reporter: as for romney, who is energized by the momentum and bigger crowds he's seen since the debate, our debate coach says, keep it up. >> i can't imagine that governor romney would get overconfident, but he needs to keep doing much of the same he did in the first debate. >> reporter: the big face-off at hofstra set for tuesday night. and the campaigns continue to raise cash. the obama campaign has just announced that it has more than 4 million donors this cycle. that's a presidential record, dan and bianna. >> david kerley, thank you. >>> and for much more on tuesday's debate, let'
>> reporter: team obama tells us the president will go after romney on his tax cut plans and his ideas for winding down the war in afghanistan. but in tuesday's debate, it will be audience members who will be asking the questions in the town hall format. >> he's got to be able to go on offense without being offensive to the audience. he's got to go on offense and defend his vision, his path to where he'd take the country in a second term. >> how about a week ago i had a...
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where does the flat tax makes sense? >> good question. i was talkining about the tax on businees. insofar as iividual taxes are concerned, i think it would be unfair to change thtax system like for home mortgage interest deduction or charitable contributions. i am advocating the choice of a flat tax spending. hong kong has done something similar to this and they found most people migrated to the flat tax. let the taxpayer decide. whether they want to stay witith this complicated system or go to a more simpler one. >> you remain behind in this race according to all the recent polls? why are you losing? >> the decision wille made and about a month fr now. the world is controlled by those who show up. i and endorsed by realtors in virginia as does the fraternal order of the police. most folks know my record and my opponent's. i amondent anybody who uses of electricity or drives a car or thinks health care decisions ought to be made by doctors and patients, anyone who pays taxes or car about the future of their children or grandchildren will be on our side. i am confident virginians a
where does the flat tax makes sense? >> good question. i was talkining about the tax on businees. insofar as iividual taxes are concerned, i think it would be unfair to change thtax system like for home mortgage interest deduction or charitable contributions. i am advocating the choice of a flat tax spending. hong kong has done something similar to this and they found most people migrated to the flat tax. let the taxpayer decide. whether they want to stay witith this complicated system or...
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toward young people understanding their paychecks, how much the government is taking out for various taxes. that creates better voters to know how to make -- if the government is this big and they're taking this much, how can i help sort out the priorities in terms of what the government should do, and be able to understand as well the recourse where there is, when they do sense they might to be victim of abuse in the workplace. that's appropriate in this case i think wage theft is one of those things we can count is being pretty well covered by the department of labor. >> would you like to see new legislation? >> i would because there are whole sets of workers who are not covered. we cover almost every worker, but there are about four or five categories of workers, all of them are mostly women and all of them are bottom of the economic pile. >> all right. that's it for this edition of to the con carrie. please follow me on twitte twitter@bonnie erbe and at "to the contrary" and check out our website pbs.org/ttc, where the you agagree e or t thinknkwa"tho thu corary,"," please join us next
toward young people understanding their paychecks, how much the government is taking out for various taxes. that creates better voters to know how to make -- if the government is this big and they're taking this much, how can i help sort out the priorities in terms of what the government should do, and be able to understand as well the recourse where there is, when they do sense they might to be victim of abuse in the workplace. that's appropriate in this case i think wage theft is one of those...
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why is it all right to tell voters about the candy, everybody gets a 20% tax cut -- cut in their tax rates and let's not tell them about the spinach, where you lose deductions. >> in a campaign environment, to start negotiating in a campaign environment you will lock in republicans and lock in democrats... >> chris: you locked in the 20% tax rate. >> i think people understand that that is a broad principle, that that tax rate needs to come down and we need to broaden the base. that is the principle, the principle is also that we are not going to change the share of taxes paid by upper income iners and give tax relief to the middle class and it will be deficit neutral and you can do all of those things and have people understand that that election was about this and we need this kind of pro-growth tax reform agenda. and, then work out the details in the same way, ronald reagan did with tip o'neill and working across the aisle. the governor has a proven record of being able to work across this aisle. >> chris: there are a lot of question from independent people, how do you pay for it a
why is it all right to tell voters about the candy, everybody gets a 20% tax cut -- cut in their tax rates and let's not tell them about the spinach, where you lose deductions. >> in a campaign environment, to start negotiating in a campaign environment you will lock in republicans and lock in democrats... >> chris: you locked in the 20% tax rate. >> i think people understand that that is a broad principle, that that tax rate needs to come down and we need to broaden the base....
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that they would close some loopholes in the tax code and eliminate some tax deductions. >> however, the tax policy centers say the math does not end up, and it is unclear how he would achieve his goals. >> now to the ad from the romney campaign that takes a shot at president obama from running up the debt. >> the four deficits are the four large zest u.s. history. he is adding as much debt -- >> the debt held by the public having increased by about 79% by upon. so when obama came to office, there was an officially projected deficit of $1.2 trillion. so he's not on the took for all of that. >> so, some good advice -- >> they blame to take the factual high ground and then go on to distort some of the facts. in our experience, any time a political campaign tells you they're giving you the facts, you're probably about to be bamboozled. >> special interest groups are spending big bucks trying to sway voters. it would pave the way for a casey know in prince georges county. that's on base to exceed candidate spending in the past two governor's races combined. there has also been big spendi
that they would close some loopholes in the tax code and eliminate some tax deductions. >> however, the tax policy centers say the math does not end up, and it is unclear how he would achieve his goals. >> now to the ad from the romney campaign that takes a shot at president obama from running up the debt. >> the four deficits are the four large zest u.s. history. he is adding as much debt -- >> the debt held by the public having increased by about 79% by upon. so when...
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he nailed paul ryan a couple of times specificly on the lack of any details on the tax plan. sesecondlyly paul ryan's request fostimulus funds two w written requests. that was one of the few times that paul ryan knew better than to respond. >> what about medicare and social security and up with the middle-class and? >> could be your a all day. at least they had a discussion about the economy as opposed to lalast weekk in the one-sided coersation. something ey should have touched on was immigration and edation. but i think they were guided pretty much by the moderator. i think she did a great job in conducting this. i don't find the debate wanting on substantive issues. >> if you're my age and you are watching this thing and you're worried about m medicare and social security, charles, which of these individuals do believe? >> it depends on who you arere predisposed to believe. joe biden is a new deal liberal. whereas his own president is willing to contemplate, say, raising the retirementt age, joe biden said, no, we will not toucthese things. these things are sacred. everybo
he nailed paul ryan a couple of times specificly on the lack of any details on the tax plan. sesecondlyly paul ryan's request fostimulus funds two w written requests. that was one of the few times that paul ryan knew better than to respond. >> what about medicare and social security and up with the middle-class and? >> could be your a all day. at least they had a discussion about the economy as opposed to lalast weekk in the one-sided coersation. something ey should have touched on...
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no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your ndidateeizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains. >> the media call those gaffes, but often the media don't know. when ed musky lost the '072 primary because he looked like he teared up defending his wife, everyone said candidates can't career, because that's week, but then in 2008 hillary clinton cried. >> you know, i have so many opportunitiefrom this country. >> she began to tear up. >> don't want to fall backwards. >> she showed being human. >> you know, this is very personal for me. >> pundits pounced. >> people perceive that as weakness. >> yeah, i thinkhey will and they should. >> makes her look like h campaign is in trouble. >> the day before showed clinton 10 points behind. the nex
no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your ndidateeizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains....
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>> wright pleading not guilty to 106 count including prostitution, tax evasion, theft and invasion of privacy. >> it was a constant flow of men coming and going on a daily basis. >> she also described hearing unusual noises coming from the studio. >> these were not sounds that you would hear in a zumba class. it was very clear that it was something other than zumba. >> court documents alleged wright kept meticulous records of clients and secretly recorded video of sexual encounters with the help of her business partner, mark strong. he was charged with privacy violations and promoting prostitution. he, too, as denied any wrongdoing. meanwhile, there is a court battle it keep the names af ledged clients from being released. an injunction was denied and impending appeal in state supreme court. in a separate motion, attorney gary coleman says his clients were among those secretly video taped and since they are named as victims in the state's case, their identities should be protected. >> i think my client are victims after crime. that's how i see it. and the crime is invasion of privacy.
>> wright pleading not guilty to 106 count including prostitution, tax evasion, theft and invasion of privacy. >> it was a constant flow of men coming and going on a daily basis. >> she also described hearing unusual noises coming from the studio. >> these were not sounds that you would hear in a zumba class. it was very clear that it was something other than zumba. >> court documents alleged wright kept meticulous records of clients and secretly recorded video of...
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if passed, funding from the tax and bond measures would rebuild and reopen willard pool, among others. >> yeah, we will come swim here because the kids that come through there, they hang with their friends in the summer, and it's just sad to see that the pool is filled with dirt. >> opponents of measures o and n argue the city should not undertake any major projects until it has cash to cover all unfunded liabilities. >>> new this morning, san francisco is making a bid to be the host city for the super bowl. er bowl in 2016 or 2017, even though the 49ers are moving to santa clara. today san francisco chronicle reports mayor ed lee has been quietly working, even though it would be played in the south bay. the paper said san francisco would host a myriad of events leading up to thing about game. 49ers ceo confirmed friday san francisco is the team's home. he said if the niners win a super bowl, the parade would be on market street. if the parade were held today, well, there would just be a whole lot of fog. >> exactly. and we have mist out there, as well. pipers are needed and the low c
if passed, funding from the tax and bond measures would rebuild and reopen willard pool, among others. >> yeah, we will come swim here because the kids that come through there, they hang with their friends in the summer, and it's just sad to see that the pool is filled with dirt. >> opponents of measures o and n argue the city should not undertake any major projects until it has cash to cover all unfunded liabilities. >>> new this morning, san francisco is making a bid to...
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i don't think it is either party's interest to have these massive tax hike and spending cuts go in as currently planned. it will be dealt. the economy will avoid a recession. congress and washington in general is not that irrational. >> so many cross currents and headwinds. in your view, is the the u.s. the best house in a bad neighborhood right now? what should toward be doing right now in your view. >> one should not panic. i would take money out of the bond portfolios and allocate in to equities and perhaps cyclical names and move away from the players that are rich. the u.s. is the best house in a bad neighborhood. the u.s. has done well and grown even if the world economy is soft as it is now. exports are a low share of gdp. if we can get some spark and resolution of the election and the cliff we will do that. companies are in a position to spend and consumers need to buy things they haven't spent much on the last few years. the outlook is good. you should be allocated heavily toward equities. >> always good to see you. thank you for joining us. >> thank you, bill. my pleasure. >
i don't think it is either party's interest to have these massive tax hike and spending cuts go in as currently planned. it will be dealt. the economy will avoid a recession. congress and washington in general is not that irrational. >> so many cross currents and headwinds. in your view, is the the u.s. the best house in a bad neighborhood right now? what should toward be doing right now in your view. >> one should not panic. i would take money out of the bond portfolios and...
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Oct 14, 2012
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tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the many in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedge funds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fou
tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the many in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedge funds would benefit. biden: 90%...
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they have high taxes. so, i think -- i question the premise that you are working on. >> josh. >> i think we somewhat overstate the ability of the government to shape the nature of the economy here. do we want category killers? it's not something that arose because of public policy. it arose because it would have happened regardless of what policy was. there are policy concerns to address but i think a lot of the stuff is out of control of the president. >> all of this is, you know, comes from our liability roles, from our anti-trust rules. >> exactly. there's a huge legal -- let me say this as a final note. if the goal is entrepreneurial capital, you need a financial system that works much better than the one we have now. right now, american finance is failing to do the single thing it's supposed to do, which is to channel the money of savers into productive investment. $8 trillion of cash on the sidelines. you have boom and bust cycles, the worst crisis for 70 years. to me, the thing upstream of this is r
they have high taxes. so, i think -- i question the premise that you are working on. >> josh. >> i think we somewhat overstate the ability of the government to shape the nature of the economy here. do we want category killers? it's not something that arose because of public policy. it arose because it would have happened regardless of what policy was. there are policy concerns to address but i think a lot of the stuff is out of control of the president. >> all of this is, you...